USA - NYSE:TRNO - US88146M1018 - REIT
Overall TRNO gets a technical rating of 2 out of 10. TRNO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of TRNO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
53.22
2 important support areas can be observed.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TRNO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRNO is down. |
| ChartMill Relative Strength | 36.4 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRNO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.09 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests TRNO has a negative trend. |
| Stochastics (14,3) | 29.03 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for TRNO suggests a weak or negative trend. |
57.13
-1.4 (-2.39%)
ChartMill assigns a technical rating of 2 / 10 to TRNO.
The current trend direction for TERRENO REALTY CORP (TRNO) is Bearish.
TERRENO REALTY CORP (TRNO) has an RSI value of 40.0922. This indicates that the stock is currently neutral.
The short term momentum for TERRENO REALTY CORP (TRNO) is negative.
TERRENO REALTY CORP (TRNO) has a support level at 56.96 and a resistance level at 57.69. Check the full technical report for our detailed analysis of TRNO support and resistance levels.